English 
ខ្មែរ 
CCA – Funded beach gates inaugurated
After three months of construction, two beach entrance gates funded by the Cambodia Constructors Association (CCA) were inaugurated in Sihanoukville during the 5th Cambodia Sea Festival. Located at Independence Beach, the design of the two beach entrance gates integrated Cambodian architectural style with walkways for pedestrians, grassed gardens, lampposts and a fence. The gates are specifical...
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Hot competition for Philippines airport build
Two of the richest men in the Philippines are competing to develop a new international airport in the capital, Manila. On one side is Belle Corp, part of Henry Sy’s SM Group which is proposing a USD50 billion joint venture with China Communications Construction Co (CCCC). The plan aims to reclaim 2,500 hectares and develop an airport and economic zone at a former US naval station south of Manil...
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World ‘s largest underground city’ planned for KL
Designs have been released by the China Railway Group for the Kuala Lumpar terminal of the Singapore-Malaysia high speed rail line, declaring it set to become the world’s largest underground city. The Bandar Malaysia terminus will feature an underground shopping mall, canals, theme parks, cultural villages and a financial centre, and house the regional HQ of China Railway Group. The KL–Singapor...
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Malaysia & China sign major rail deal
Malaysia and China have signed their largest ever infrastructure agreement to date, paving the way for China to finance and build the East Coast Rail Line (ECRL) across four Malaysian states. Signed during a six-day visit to China by Malaysian Prime Minister Najib Razak, the USD13.1 billion deal will see 600km of railway built to connect Klang Valley, Kuantan, Kuala Terengganu, Kota Baru and Tu...
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Indonesia seeks private investors in ports, airports
Indonesia is seeking private investment in some of the cash-strapped nation’s airports and ports in an attempt to reduce its budget deficit and fund ambitious new infrastructure projects. President Joko Widodo’s government plans to sell up to a 45 percent stake in 10 airports and 20 ports across the country, though would retain state control of the facilities. Bloomberg reported that Transpo...
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Vietnamese firm’s growth has market baffled
An unprecedented rise in the value of a relatively unknown Vietnamese construction company had markets baffled in November. Faro Construction and parent developer FLC Group are building a number of large projects including the USD250m Samson Beach and Golf Resort in Thanh Hoa province and the USD330m Quy Nhon Beach and Golf Resort in Binh Dinh. Faro was listed on the Ho Chi Minh stock exchan...
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China to build artificial islands in Philippines
The Philippines has signed a contract with China to build four artificial islands in the city of Davao. The massive 208-hectare development along 8km of coastline is part of a major port, commercial and entertainment development program in Davao city. The agreement between Philippines’ Mega Harbor Port and Development Inc. and state-owned group China Communications Construction Co. (CCCC), w...
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Public Housing Could Rely on Private Sector
As property experts increasingly recognise the need to shift focus to affordable and public housing, the government is supporting the private sector to drive development of housing projects for low to middle income families. Though the Ministry of Land Management, Urban Planning and Construction (MLMUPC) has been working to draft a national policy on public housing, it acknowledges that it does...
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Australian Group Invests in Low-Cost Housing
An Australian and Cambodian joint venture is set to launch an affordable housing project aimed at newly-married couples looking to purchase their first homes. The chairman of the Australian partner, Cate Group, told the Khmer Times that their joint venture is investing USD25 million in the first phase of the project located in Por Senchey and Dangkor districts in Phnom Penh. The 1000-unit ph...
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Alternatives to Building High-End Condos?1
In a market as fiercely competitive as residential real estate, developers must launch products that match real demand in order to sell them. The question that comes into developers’ minds is what else can they develop? My answer to this question is there are alternative developments to consider during the period of an excessive market supply. In the current market scenario, there is clear dema...
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Residential Property Purchase Incentives
Developers in Phnom Penh have been providing purchase incentives as some buyers struggle to arrange a loan or mortgage when investing in a property. In some cases, property developers offer to loan buyers enough for a deposit when they buy a new home. These developers provide incentives in the form of loans and mortgages, typically with more competitive rates, to their own clients, despite bank...
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Developers Triumph at SEA Property Awards 2016 Finale
Southeast Asia’s best developers and achievers brought honours and prestige to their respective countries as they competed for the regional titles at the sixth annual South East Asia Property Awards 2016 grand finale event of the prestigious Asia Property Awards series. Malaysia’s Sime Darby Property collected its first regional Best Developer (South East Asia) gong, beating other national winn...
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